ARTICLES LABELLED WITH TAG war in Ukraine

We have previously published insights on the recovery efforts in Ukraine, and we would like to share some remarkable examples of how commercial projects damaged by missile attacks are being rebuilt. Shopping malls, office buildings, and logistics centres are often prime targets during hostilities, yet Ukrainian businesses are showcasing extraordinary resilience as evidenced in this summary prepared by the Ukrainian Real Estate Club for Property Forum.

Recovery in Ukraine began after the first months of the war. Without waiting for the war to end, the authorities and the population decided to restore both civilian and commercial facilities that had been damaged or destroyed during the hostilities. Today, this is a well-controlled and organized process of reconstruction and renovation, funded by the state, along with the help of international organizations, and by the population's efforts in the case of damaged housing. The Ukrainian Real Estate Club has collected information on specific areas of reconstruction for Property Forum, from the restoration of critical infrastructure to socially oriented projects such as schools and medical facilities.

CEE economies would suffer under a potential Trump presidency, primarily due to anticipated new trade tariffs, according to new research by Erste Group. The trade conflicts would impact the region indirectly through its economic reliance on Germany, says the bank’s CEE research team.

Dom Development Group has established the Nasz Dom Foundation to consolidate all charitable activities. The Foundation’s work was officially launched with a cooperation agreement signed with the Ukrainian foundation - Housing for IDP. In 2024, Nasz Dom Foundation will donate PLN 3.2 million to support a housing project for internally displaced persons in Ukraine.

The Ukrainian retail market is showing resilience despite objective negative factors (unstable consumer demand, declining purchasing power) and is gradually approaching 2021 levels. In the first half of 2024, the market saw both negative and positive trends. Among the first, CBRE Ukraine analysts mention a drop in the consumer confidence index. According to a study by Info Sapiens, as of the end of June 2024, this indicator in Ukraine decreased by 8 points, reaching 64.5. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

On 15-16 May, the Ukrainian Construction Congress was held in Kyiv, with the key topic of rebuilding Ukraine in a barrier-free and inclusive manner. As part of the concept of rebuilding Ukraine, the Steel Dream Bakhmut concept plan was presented. Iryna Nastych summarised the concept in an article prepared by the Ukrainian Real Estate Club for Property Forum.

The first project of the charitable foundation Housing For IDPs - the Socialization Centre for IDPs for 19 families - will be opened in the Irpin community at the beginning of the year.

According to the State Employment Service, as of September 1, 2023, the number of vacancies in the construction industry exceeded the number of registered unemployed. Representatives of the largest developers in the capital speak of a shortage of workers. Olga Solovei summarised what is happening in the labour market in the construction sector of Ukraine in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Since the beginning of the full-scale invasion, Kyiv’s primary residential market has stalled for some time with the number of transactions in 2022 significantly decreasing. In 2023, however, most developers are observing positive trends and slow but steady growth. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

After the extremely difficult year of 2022, the Ukranian retail market has finally managed to improve its performance. Having talked to key market players about trends, tendencies and forecasts, Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.